Welcome to our dedicated page for Packaging Amer news (Ticker: PKG), a resource for investors and traders seeking the latest updates and insights on Packaging Amer stock.
Packaging Corp. of America (PKG) delivers innovative containerboard and corrugated packaging solutions across North America. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and strategic initiatives.
Access official press releases and curated analysis covering earnings announcements, operational expansions, sustainability efforts, and leadership updates. Our repository ensures you stay informed about PKG's role in the evolving packaging sector, including its manufacturing capabilities and customer-focused service model.
Key updates include quarterly financial results, facility investments, product innovations, and supply chain developments. Bookmark this page for direct access to primary sources about PKG's market positioning and industry leadership.
Packaging Corporation of America (NYSE: PKG) will host a conference call on July 26, 2022 at 9:00 a.m. Eastern Time to discuss its second quarter 2022 results. The earnings report will be released on July 25, 2022 after market close. Mark Kowlzan will lead the call. Interested participants can pre-register or join via toll-free numbers. A replay will be available from July 26, 2022 to August 9, 2022. PCA is a major player in the containerboard and uncoated freesheet paper markets in North America, operating eight paper mills and 90 corrugated product facilities.
Packaging Corporation of America (NYSE: PKG) announced that CEO Mark Kowlzan will attend BMO's 2022 Chemicals & Packaging Conference on June 22, 2022. He will participate in a group meeting and conduct one-on-one meetings alongside CFO Robert Mundy and Senior VP Ray Shirley. PCA is a major player in North America, being the third-largest producer of containerboard products and a leading manufacturer of uncoated freesheet paper, operating eight paper mills and 90 corrugated product plants.
Packaging Corporation of America (NYSE: PKG) has announced a 25% increase in its quarterly cash dividend, raising it to $5.00 annually from $4.00. The first quarterly dividend of $1.25 per share will be distributed to shareholders of record as of June 15, 2022, with a payment date of July 15, 2022. This increase reflects PCA's strong operational and financial position, emphasizing its commitment to shareholder value.
Packaging Corporation of America (NYSE: PKG) reported a first quarter 2022 net income of $254 million, or $2.70 per share, exceeding expectations with a forecast of $2.50 per share. Net sales rose to $2.1 billion from $1.8 billion in 2021. Key drivers included higher prices and volumes in both the Packaging and Paper segments, despite facing challenges from increased operating costs. Segment income in Packaging reached $362.2 million, aided by robust demand, while the Paper segment contributed $22.4 million. The company anticipates continued strong demand and expects second quarter earnings of $2.83 per share.
Packaging Corporation of America (PKG) will host a conference call on April 26, 2022 at 9:00 a.m. Eastern Time to discuss its first quarter 2022 results. The earnings report will be released after market close on April 25, 2022. Interested participants can access the call by dialing (877) 370-2526 for U.S. and Canada, or (720) 634-2764 for international calls. A replay will be available starting from 12:00 p.m. on April 26 until May 10, 2022. This call will also be webcast on PCA's website.
Packaging Corporation of America (PKG) has declared a regular quarterly dividend of $1.00 per share on common stock. Shareholders of record as of March 15, 2022 will receive payment on April 15, 2022. PCA is the third largest containerboard producer and a leading manufacturer of uncoated freesheet paper in North America, operating eight paper mills and 90 corrugated products plants.
Packaging Corporation of America (NYSE: PKG) CEO Mark Kowlzan will speak at the Bank of America Securities Global Agriculture and Materials Conference on Thursday, March 3, 2022, in Fort Lauderdale, FL. Following his presentation, Kowlzan and CFO Robert Mundy will engage in a Fireside Chat Q&A session and hold individual meetings. PCA ranks as the third largest producer of containerboard products and a top uncoated freesheet paper producer in North America, operating eight mills and 90 corrugated products plants.
Packaging Corporation of America (NYSE: PKG) reported robust fourth quarter 2021 results, achieving net income of $217 million ($2.28/share), up from $1.30/share in Q4 2020. Excluding special items, earnings were $2.76/share. Total net sales reached $2.0 billion, a 17.6% increase year-over-year. For the full year, net income was $841 million ($8.83/share), with net sales at $7.7 billion. Cost inflation remains a challenge, impacting operations, yet demand in the Packaging segment remained strong, prompting significant price increases. A new $1 billion share repurchase program was also announced.
Packaging Corporation of America (PKG) will host a conference call on January 27, 2022, at 9:00 a.m. ET, to discuss its Q4 and full year 2021 results. Earnings results will be released after market close on January 26, 2022. Participants can dial (877) 370-2526 in the U.S. or (720) 634-2764 internationally. A replay will be available from 12:00 p.m. ET on January 27 until February 10, 2022. The call can also be accessed via webcast at www.packagingcorp.com.
Packaging Corporation of America (PKG) has announced a quarterly dividend of $1.00 per share, payable to shareholders on January 14, 2022, for those on record by December 20, 2021. The company is a major player in the North American packaging industry, being the third largest producer of containerboard products and a leading manufacturer of uncoated freesheet paper, operating eight paper mills and 89 corrugated products plants.
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